Online marketplace Carousell is Singapore’s latest unicorn after raising US$100 million in fresh funds that valued the company at US$1.1 billion on Sep 15.
Over the years, Singapore, which has a robust start-up scene, has seen a growing list of unicorns. In fact, the city-state ranked fourth in the world for how fast its start-ups turned into unicorns, according to a global ranking by British price comparison website Money.co.uk. Which are some of Singapore’s start-ups that used to rule the billion-dollar club, and where are they now? Let’s take a look.FILE PHOTO: A Grab logo is pictured at the Money 20/20 Asia Fintech Trade Show in Singapore March 21, 2019. REUTERS/Anshuman Daga
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